Data Source: Finviz
Be in the know. 15 key reads for Monday…
- OPEC+ is facing a ‘very delicate, fragile balancing act’ in the oil market, strategist says (CNBC)
- Microsoft to continue discussions on potential TikTok purchase in the United States (Microsoft)
- Kinder Morgan Co-Founder Richard Kinder Bought the Slumping Energy Stock (Barron’s)
- Mnuchin says administration still backs $1,200 stimulus checks as talks continue (CNBC)
- Why stocks will hit new all-time highs within months, according to Fundstrat’s Tom Lee (Business Insider)
- Wall St. analysts are making the unusual move of raising earnings estimates: Morning Brief (Yahoo! Finance)
- AbbVie, Amgen and Takeda start testing drugs as COVID-19 treatments (MarketWatch)
- Warren Buffett’s Berkshire Takes a Turn for the Better (Barron’s)
- Treasury yields tick higher after data highlights recovering Chinese factories (MarketWatch)
- Eli Lilly starts late-stage study of coronavirus drug in nursing homes (CNBC)
- Fed Weighs Abandoning Pre-Emptive Rate Moves to Curb Inflation (Wall Street Journal)
- Consumers, Flush With Stimulus Money, Shun Credit-Card Debt (Wall Street Journal)
- Behind the Vast Market Rally: A Tumbling Dollar (Wall Street Journal)
- America’s Saw Mills Didn’t See This Building Boom Coming (Wall Street Journal)
- Baseball Draws Strong TV Ratings in Opening Week Amid Uncertainty Over Season (Wall Street Journal)
Be in the know. 12 key reads for Sunday…
- Fed Weighs Abandoning Pre-Emptive Rate Moves to Curb Inflation (Wall Street Journal)
- JPMorgan CEO Jamie Dimon’s morning routine: Wake up at 5 a.m. and ‘read tons’ (CNBC)
- Negotiators report progress in COVID-19 aid talks in Congress (MarketWatch)
- ECRI Weekly Leading Index Update (Advisor Perspectives)
- The Great American Housing Boom Has Begun (Forbes)
- Kanye West Is Still Trying to Get on the Ballot (New York Magazine)
- GMC Shares Video First Look at 1,000-HP Hummer Supertruck (Maxim)
- The Coronavirus Housing Boom
- Concerns about Waning COVID-19 Immunity Are Likely Overblown (Scientific American)
- How To Become a World Class Poker Player (Podcast) (Bloomberg)
- How Robinhood Makes Money On Free Trades (Podcast) (Bloomberg)
- This 1961 Ferrari 250 GT SWB Berlinetta by Scaglietti, is One of Ferrari and Pininfarina’s Greatest Achievements. (Luxuo)
Be in the know. 20 key reads for Saturday…
- Warren Buffett’s Berkshire Can Acquire Nearly 25% of Bank of America (Barron’s)
- For the First Time Ever, Uncle Sam’s Aid to U.S. Tops Quarterly GDP (Barron’s)
- Investors Are Too Wary as Earnings Reports Come in Strong (Barron’s)
- SPACs Are All the Rage, but These Private-Equity-Like Vehicles Are Complicated. Here’s What You Need to Know. (Barron’s)
- Warren Buffett Buys Bank of America Stock as Others Hedge. Who’s Right? (Barron’s)
- Microsoft Is Reportedly in Talks to Acquire TikTok (Barron’s)
- How to Invest in China’s Consumer Comeback (Barron’s)
- AT&T Director Stephen Luczo Buys Big Block of Stock (Barron’s)
- Why Brazil’s Stock Market Struggles to Rebound (Barron’s)
- Thinking For Oneself (Farnam Street)
- Berkshire Hathaway’s Great Transformation (Rational Walk)
- China Tries Its Favorite Economic Cure: More Construction (New York Times)
- What Bill Gates and Warren Buffett talk about during COVID-19 (Yahoo! Finance)
- Coronavirus Vaccine Trials Advance in Race for Covid-19 Protection (Bloomberg)
- Elon Musk says ‘China rocks’ while U.S. is full of ‘complacency and entitlement’ (CNBC)
- A Wall Street chief strategist breaks down the 4-part ‘superfecta’ that will keep stocks soaring (Business Insider)
- Ford already bombarded with 150,000 reservations for upcoming SUV (Fox Business)
- Gilead Analysts Downplay Q2 Miss Amid Remdesivir’s COVID-19 Opportunity (Benzinga)
- Private-Equity Firms Discuss Bid for Kansas City Southern (Wall Street Journal)
- A Beloved Connecticut Getaway, Refreshed and Waiting for Summer (Wall Street Journal)
Unusual Options Activity – Royal Dutch Shell plc (RDS-A)
Data Source: barchart
Today some institution/fund purchased 989 contracts of Jan 2022 $20 strike calls (or the right to buy 989,000 shares of Royal Dutch Shell plc (RDS-A) at $20). The open interest was just 221 prior to this purchase. Continue reading “Unusual Options Activity – Royal Dutch Shell plc (RDS-A)”
Insider Buying in Wyndham Destinations, Inc. (WYND)
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Where is money flowing today?
Be in the know. 15 key reads for Friday…
- U.S. consumer spending rises for second straight month in June (Reuters)
- Berkshire has spent more than $1.7 billion on 71.5 million Bank of America shares since July 20, including the latest purchases, according to regulatory filings. (Street Insider)
- Cruise Lines Test the Waters, Launching Sailings in Europe and Asia With Limited Capacities (Barron’s)
- Pandemic boost for Big Tech set to drive Wall St. higher (Street Insider)
- Caterpillar (CAT) Tops Q2 EPS by 20c, Revenues Beat (Street Insider)
- These relief benefits expire today as negotiations on next aid package stall (Fox Business)
- Charles Payne: Herman Cain was an American patriot, and an inspiration (Fox Business)
- Nvidia in talks to buy Arm from SoftBank for more than $32bn (Financial Times)
- How Apple’s stock split will change the pecking order in the 124-year old Dow Jones Industrial Average (MarketWatch)
- China manufacturing activity rises in July (MarketWatch)
- Ford Earnings Were Way, Way, Way Better Than Feared (Barron’s)
- Auto-Parts Retail Goes Full Throttle (Wall Street Journal)
- A $3 Million Ferrari Tests a World Without the Pebble Beach Auctions (Bloomberg)
- Opinion: Mortgage applications for suburban homes are surging as buyers try to escape the coronavirus pandemic (MarketWatch)
- ViacomCBS to Bulk Up Streaming Service (Wall Street Journal)
Hedge Fund Tips with Tom Hayes – VideoCast – Episode 41
Article referenced in VideoCast above:
The Garth Brooks, “Friends in Low Places” Stock Market (and Sentiment Results)…